Related Definitions
What is a Last Will and Testament?
A legal document outlining how a person’s assets should be distributed after death and who should manage the estate.
A legal document outlining an individual’s wishes regarding the distribution of their estate upon death. The will specifies how assets should be allocated, names an executor, and may appoint guardians for minor children. A valid last will and testament must meet specific legal requirements to be enforceable, and it serves as a primary document in probate proceedings to guide the distribution of the deceased’s assets.
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